(A) All tax payments made or provided by transients are the sole and exclusive property of the city.
(B) Each operator shall collect and hold all tax payments collected by or on behalf of the operator as a trust fund for the sole and exclusive benefit of the city and shall not use any tax payment for any purpose except to pay over to the city the tax collected as required by this subchapter.
(Ord. 2003-01, passed 2-4-2003)